Tuesday, October 27, 2009

SPX daily update


As I sayed in my last update if SPX made new lows the bulls are in trouble. Therefore today i decided publish my alternative count.

SPX intraday update (Part 2)


Possible triangle underway so maybe is missing another lower low. If this occurs the bulls are in trouble.

SPX intraday update (Part 1)

Still seems everthing as zigzags so my primary count is the bull case. I made also some considerations in my last chart.

EDIT: Is missing wave c in my chart. No time to correct it.

Wheat uptade


Today wheat suprise me and made cleary 5 waves down. So this correction for now is not over.

DAX daily update


Until now the waves looks more corrective than impulsive but tomorrow we need some bull reaction.